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Author Archives: DM
Obama’s “Socialism” Seems to be Working Out Pretty Well for Capitalists
http://www.forwardprogressives.com/obamas-socialism-seems-to-be-working-out-pretty-well-for-capitalists/ The overall cost and benefit equation for society can be best measured through the Gini coefficient. This coefficient can be used to measure the concentration of wealth as well as the distribution of wealth. Wealth inequality will run much higher … Continue reading
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Germany Can Ratify ESM Fund With Conditions, Court Rules
Ronald Wittek/AP Photo Andreas Vosskuhle, second left, presiding judge of the German constitutional court is flanked by other judges, from left, Peter Huber, Gertrude Luebbe-Wolff and Herbert Landau as he announces their verdict on the permanent eurozone rescue fund in … Continue reading
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Apple takes wraps off 4G-ready iPhone 5
By Poornima Gupta and Noel Randewich SAN FRANCISCO | Wed Sep 12, 2012 1:31pm EDT (Reuters) – Apple Inc on Wednesday took the wraps off the iPhone 5, the thinnest-ever version of a smartphone that yields the majority of its profit and … Continue reading
Posted in Dr. Mulli's Business Blog
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Consider this – total medals by GDP (among others). There is always an economic perspective on everything
http://www.medalspercapita.com/#medals-per-capita:2008 Economic Sense If labor is the source of the wealth of nations (Adam Smith) from this we can extrapolate that there is a positive correlation with population, and GDP. “The annual labor of every nation is the fund which … Continue reading
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Prices of maize flour, bread, wheat flour, milk and other basic commodities will shoot up by 16 per cent, if MPs approve plans to impose a tax on them.
Economic nonsense. Necessities are inelastic goods in the economy. An increase in the price of necessities will result in a diversion of disposable income, proportionately resulting in less spending on other goods and services in the overall economy. The effect … Continue reading
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Tullow Oil finds fresh reserves in Kenya
By Michael Kavanagh in London Kenya has moved a step closer to establishing a commercially viable oil production industry following the discovery of fresh reserves by Tullow Oil, the FTSE 100 explorer. Tullow, which is partnering Toronto-listed Africa Oil in … Continue reading
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ECOWAS pleads with Ghana to stay expulsion of Nigerian traders
NIGERIA-GHANA -ECOWAS-TRADE ECOWAS pleads with Ghana to stay expulsion of Nigerian traders APA, ABUJA (NIGERIA), dimanche 24 juin 2012, par Administrateur The speaker of the ECOWAS Parliament, Mr. Ike Ekweremadu, has pleaded with the Ghanaian authorities to stay action for four months … Continue reading
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Last Weekend, Half of Germany Was Running on Solar Power
Brian Merchant Energy / Energy Policy Here’s how they did it, and how we can too This is what can happen when citizens and government agree that it’s worth spending a bit more for clean, carbon-free power: German solar power plants … Continue reading
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Derivative Trading – Good or Evil ?
People talk about ‘derivatives’ as if all the evils of the world can be wrapped up in this single word. How did we get into this mess? Derivatives. Why are you making so much unfair and unjust money? Derivatives. Why … Continue reading
Posted in Dr. Mulli's Business Blog
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The year when the Chinese economy will truly eclipse America’s is in sight
IN THE spring of 2011 the Pew Global Attitudes Survey asked thousands of people worldwide which country they thought was the leading economic power. Half of the Chinese polled reckoned that America remains number one, twice as many as said … Continue reading
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Technology Enabled Learning, Asbl. has been renamed the European Business University of Luxembourg, Asbl -- We are moving to https://www.ebu.lu and close on March 29th 2019. Thank you for your continued support! 